Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.
It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.
WINNERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ACR | Acrux Limited | 0.085 | 81% | 5,603,384 | $13,663,692 |
| SIH | Sihayo Gold Limited | 0.0015 | 50% | 410,553 | $12,204,256 |
| AOA | Ausmon Resources | 0.0025 | 25% | 1,000,000 | $2,117,999 |
| MCT | Metalicity Limited | 0.0025 | 25% | 761,963 | $8,970,108 |
| VML | Vital Metals Limited | 0.005 | 25% | 50,000 | $23,580,268 |
| KAM | K2 Asset Management | 0.06 | 20% | 1,258 | $12,054,260 |
| LNR | Lanthanein Resources | 0.003 | 20% | 1,121,685 | $4,887,272 |
| TAS | Tasman Resources Ltd | 0.006 | 20% | 3,224 | $3,563,346 |
| AS2 | Askari Metals | 0.059 | 18% | 60,561 | $3,979,386 |
| 88E | 88 Energy Ltd | 0.007 | 17% | 91,787,881 | $150,744,375 |
Acrux (ASX:ACR) and partner TruPharma today announced the US launch of a generic of Dapsone 5% gel, used to treat acne. The market was worth over US$15m last year, the company says.
Lighting company FOS (ASX:FOS) enjoyed a record quarter driven by a 63% increase in sales to $7.1m, thanks to a strong commercial construction sector. All the key numbers – year-to-date sales, order book, and pipeline – are also trending higher.
At the bigger end of town, Ramelius Resources (ASX:RMS) gains over 8% after hitting record gold production of ~87,000oz – and free cash flow of $125.3m – in the March quarter.
It obliterated guidance of 70,000 – 77,500oz.
Near term producer Boss Energy (ASX:BOE) is up after successfully passing the final technical milestone in its Honeymoon mine re-start strategy, “paving the way for the first drum of uranium to be filled in the next two weeks”.
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| MTL | Mantle Minerals Ltd | 0.001 | -50% | 438,181 | 12,394,892 |
| CNJ | Conico Ltd | 0.0015 | -25% | 200,000 | 3,610,190 |
| EDE | Eden Innovations | 0.0015 | -25% | 609,545 | 7,356,542 |
| RMX | Red Mount Mining | 0.0015 | -25% | 179,441 | 5,347,152 |
| RDS | Redstone Resources | 0.004 | -20% | 376,102 | 4,626,892 |
| FRS | Forrestania Resources | 0.013 | -19% | 550,000 | 2,588,572 |
| MPK | Many Peaks Minerals | 0.17 | -17% | 1,002,519 | 8,193,571 |
| REM | Remsense Technologies | 0.015 | -17% | 303,274 | 2,697,474 |
| PUA | Peak Minerals Ltd | 0.003 | -14% | 553,360 | 3,644,818 |
| SI6 | SI6 Metals Limited | 0.003 | -14% | 589,585 | 8,291,008 |